AGNC Investment (NASDAQ:AGNC) Trading Down 0.8% - What's Next?

Shares of AGNC Investment Corp. (NASDAQ:AGNC - Get Free Report) fell 0.8% during mid-day trading on Wednesday . The company traded as low as $9.80 and last traded at $9.86. 9,094,912 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 16,277,028 shares. The stock had previously closed at $9.93.

Wall Street Analyst Weigh In

AGNC has been the topic of a number of analyst reports. Royal Bank of Canada reiterated an "outperform" rating and set a $11.00 target price on shares of AGNC Investment in a report on Thursday, January 30th. Keefe, Bruyette & Woods decreased their price objective on AGNC Investment from $10.75 to $10.25 and set an "outperform" rating on the stock in a research note on Wednesday, January 29th. StockNews.com raised shares of AGNC Investment from a "sell" rating to a "hold" rating in a research note on Tuesday, February 25th. JMP Securities reaffirmed a "market perform" rating on shares of AGNC Investment in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. cut their price objective on shares of AGNC Investment from $10.00 to $9.50 and set an "overweight" rating for the company in a research report on Monday, December 9th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, AGNC Investment has a consensus rating of "Moderate Buy" and a consensus price target of $10.50.

AGNC Investment Stock Performance

The stock's fifty day simple moving average is $10.14 and its two-hundred day simple moving average is $9.92. The company has a market cap of $8.72 billion, a price-to-earnings ratio of 9.81 and a beta of 1.50. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.23 and a current ratio of 0.23.

AGNC Investment (NASDAQ:AGNC - Get Free Report) last posted its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.05). AGNC Investment had a net margin of 29.26% and a return on equity of 21.92%. Equities research analysts anticipate that AGNC Investment Corp. will post 1.61 EPS for the current year.

AGNC Investment Announces Dividend

The firm also recently announced a mar 25 dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be given a dividend of $0.12 per share. This represents a yield of 14.1%. The ex-dividend date of this dividend is Monday, March 31st. AGNC Investment's dividend payout ratio (DPR) is presently 148.45%.

Insider Buying and Selling at AGNC Investment

In other AGNC Investment news, Director Frances Spark sold 5,000 shares of the stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $10.10, for a total value of $50,500.00. Following the completion of the sale, the director now owns 75,919 shares of the company's stock, valued at $766,781.90. This trade represents a 6.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Bernice Bell sold 13,000 shares of the company's stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.04, for a total transaction of $130,520.00. Following the completion of the transaction, the chief financial officer now directly owns 372,226 shares of the company's stock, valued at approximately $3,737,149.04. The trade was a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Fourth Dimension Wealth LLC acquired a new position in shares of AGNC Investment in the 4th quarter valued at about $26,000. Financial Life Planners acquired a new position in AGNC Investment in the fourth quarter valued at approximately $28,000. Point72 Asset Management L.P. bought a new position in shares of AGNC Investment during the third quarter valued at approximately $32,000. National Bank of Canada FI raised its position in shares of AGNC Investment by 112.7% during the 4th quarter. National Bank of Canada FI now owns 3,458 shares of the real estate investment trust's stock worth $32,000 after purchasing an additional 1,832 shares during the period. Finally, Spire Wealth Management lifted its holdings in shares of AGNC Investment by 94.5% in the 4th quarter. Spire Wealth Management now owns 4,059 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 1,972 shares during the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.

AGNC Investment Company Profile

AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).